• German industrial production declines 0.3% in November

Market news

8 January 2016

German industrial production declines 0.3% in November

Destatis released its industrial production data for Germany on Friday. German industrial production fell 0.3% in November, missing expectations for a 0.5% gain, after a 0.5% rise in October. October's figure was revised up from a 0.2% increase.

The output of capital goods decreased 3.3% in November, energy output rose 2.5%, and the production in the construction sector was up 1.6%, while the production of intermediate goods climbed 1.1%.

The output of consumer goods jumped 1.9%.

German industrial production excluding energy and construction declined by 0.8% in November.

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